400 MHz of Mid-band Spectrum for 5G will add $274 Billion to America’s Economy, Create 1.3 Million Jobs
February 5, 2019
Making 400 MHz of mid-band spectrum available for commercial 5G networks will add $274 billion to the U.S. economy and create 1.3 million new jobs, according to new research from Analysis Group. Key findings include:
- Wireless providers will invest greater than $150 billion in infrastructure to deliver 5G services over mid-band spectrum
- The wireless industry will create 1.3 million new jobs—on a direct and spillover effect basis—to deploy mid-band infrastructure
- The economic activity resulting from this investment and job creation will add $274 billion to America’s GDP
400 MHz of Mid-band Spectrum for 5G will add $274 Billion to America’s Economy, Create 1.3 Million Jobs